Hibiscus Petroleum posts FY24 net profit of RM467.12mil, 4Q div of 1.5c/share

Hibiscus Petroleum Managing director Kenneth Pereira

KUALA LUMPUR: Hibiscus Petroleum Bhd recorded a lower net profit of RM108.68mil in the final quarter of its financial year, compared to RM123.28mil in the year-ago quarter.

The group reported revenue of RM738.05mil, up from RM503.6mil in the comparative quarter, while earnings per share dipped to 13.61 sen from 15.31 sen previously.